An Introduction to Labor Market Discrimination: Effects and Prevalence in the UK

The video tutorial explores various forms of discrimination, focusing on wage, gender, and race discrimination. It explains the concept of reservation wages and how firms might exploit them. The gender pay gap is discussed with examples from the UK and EU, highlighting causes like industry concentration and part-time work. Race discrimination is examined through a study on name-based biases in the US. Other forms of discrimination, such as age and disability, are also covered, emphasizing their illegality under the Equality Act 2010. The tutorial concludes with an economic analysis of discrimination's impact on labor markets and offers historical and current perspectives.

Analyze the economic effects of discrimination on both firms and the discriminated groups.

Reflect on Alan Greenspan's quote regarding gender discrimination in the workforce. What does it imply?

How has the gender pay gap changed from 1997 to 2014 in the UK?

What role does social attitude play in the persistence of discrimination in the workplace?